Panax
Panax is an AI-driven cash management platform for finance teams with complex treasury operations.
What Panax is
Panax is an AI-driven cash management platform for finance teams with complex treasury operations. It combines cash information from global bank accounts and payment wallets into a view of available funds, and supports single, intercompany, and bulk payments through connected banks. Payment workflows can use policy-based approvals and reconciliation. Panax AI categorizes transactions, assists with accounts receivable matching, and helps with cash forecasting. Forecasts draw on historical transactions, trends, seasonal patterns, user assumptions, and AI algorithms. Reports cover cash bridges, historical balances, direct cash, cash trends, and collections, with export to Excel or PDF. Panax says it connects to over 10,000 global banks and almost every ERP; named connections include AirWallex, PayPal, Stripe, NetSuite, Microsoft Dynamics, and QuickBooks. Bank connection methods vary by bank and customer. The web platform is sold under yearly contracts, with pricing based on connected banks, platforms, ERPs, and connection complexity. Its Start, Grow, and Pro plans require quotes. Panax says it has completed a SOC 2 Type II audit and encrypts data in transit and at rest.
Good
- Consolidates cash across bank accounts and payment wallets.
- Supports single, intercompany, and bulk payments.
- Forecasts use trends, seasonality, and user assumptions.
- Reports can be exported to Excel or PDF.
Watch out
- Pricing requires a quote.
- Contracts are yearly.
- Bank connection methods vary by bank and customer.
Who it suits
Panax is aimed at lean finance teams managing complex treasury operations. It may suit organizations that need consolidated cash visibility, payment workflows, forecasting, or ERP and bank connections.
Verdict
Panax brings cash visibility, payments, forecasting, and reporting into a web-based treasury platform. Its quote-based yearly pricing reflects the connections and integration complexity an organization needs.
Plans and prices
From Panax's own pricing page, checked 7 Oct 2026.
| Plan | Price | What it gives you |
|---|---|---|
| Panax Grow | Priced on request | Everything in Start · automated transaction categorization · cash flow reports · ERP integration · AI insights and recommendations · Yearly contract; quote required |
| Panax Pro | Priced on request | Everything in Grow · AI cash forecasting · cash budgeting · cash application and reconciliation · order-to-cash optimization · Yearly contract; quote required |
| Panax Start | Priced on request | Real-time cash position · investment accounts/credit lines · cash controls and alerts · banking integration · cross-border payments · Yearly contract; quote required |
The facts
Each one read from Panax's own pages, with the date it was checked.
What it does
- Access controls
- Panax describes role-based access controls and least-privileged access principles.checked 7 Oct 2026
- AI workflows
- Panax AI categorizes transactions, supports accounts receivable matching, and helps with cash forecasting.checked 7 Oct 2026
- Bank connectivity
- Bank connections can use API, SWIFT, traditional, advanced, or bespoke methods, depending on the bank and customer.checked 7 Oct 2026
- Cash visibility
- Panax consolidates cash data from global bank accounts and payment wallets into a view of available cash.checked 7 Oct 2026
- ERP support
- Panax says it connects to almost every ERP and names NetSuite, Microsoft Dynamics, Priority, Sage Intacct, and QuickBooks as easier integrations.checked 7 Oct 2026
- Forecasting
- Cash forecasts use historical transaction data, trends, seasonal patterns, user-defined assumptions, and AI algorithms.checked 7 Oct 2026
- Integrations
- Panax says it connects to over 10,000 global banks and names AirWallex, PayPal, Stripe, MESH, and Payoneer as cash platforms it connects to.checked 7 Oct 2026
- Intended users
- Panax describes its platform as built for lean finance teams with complex treasury operations.checked 7 Oct 2026
- Payments
- Panax supports single, intercompany, and bulk payments through connected banks, with policy-based approvals and reconciliation.checked 7 Oct 2026
- Pricing basis
- Panax says pricing is based on a yearly contract and depends on the number of connected banks, platforms, and ERPs and the complexity of those connections.checked 7 Oct 2026
- Product
- Panax is an AI-driven cash management platform for finance teams managing complex treasury operations.checked 7 Oct 2026
- Reporting
- Cash reports include cash bridge, historical balance, direct cash, cash trends, and collections reports, and can be exported to Excel or PDF.checked 7 Oct 2026
- Security
- Panax says it completed a SOC 2 Type II audit and encrypts data at rest and in transit.checked 7 Oct 2026
- Support and onboarding
- Panax says a dedicated customer support resource responds to questions within 24 hours; onboarding generally takes from a couple of weeks to a couple of months.checked 7 Oct 2026
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